GeojitSEBI INZ000318938
- Account opening
- ₹0
- Demat AMC
- Not stated
- SME IPOs
- Not stated
- Delivery brokerage
- 0.30%
- Cost to sell ₹15,000 of IPO shares
- Not publishedBrokerage and DP with GST, ours
RupeezySEBI INZ000187932
- Account opening
- ₹0
- Demat AMC
- ₹0
- SME IPOs
- Not stated
- Delivery brokerage
- 0.1%
- Cost to sell ₹15,000 of IPO shares
- Not publishedBrokerage and DP with GST, ours
Where Geojit and Rupeezy differ
4 of the 7 charges we compare differ for an IPO investor.
| Cost to sell IPO shares (ours) | Geojit | Rupeezy |
|---|---|---|
| One mainboard lot, ₹15,000Brokerage ₹35.40 less at Rupeezy; a DP charge is not published | ₹53.10 brokerage; DP charge not published | ₹17.70 brokerage; DP charge not published |
| Two SME lots, ₹2,50,000Brokerage ₹590.00 less at Rupeezy; a DP charge is not published | ₹885.00 brokerage; DP charge not published | ₹295.00 brokerage; DP charge not published |
| A year: 12 mainboard lots soldBrokerage ₹424.80 less at Rupeezy; a DP charge is not published | ₹637.20 brokerage; DP charge not published | ₹212.40 brokerage; DP charge not published |
Ours: brokerage and DP charge with 18% GST. STT and exchange charges are equal everywhere, so they are left out. SME bids are two lots.
- Demat maintenance (AMC): not stated at Geojit, Zero AMC for life for accounts opened after 15 Jun 2024 at Rupeezy.
- Equity delivery brokerage: 0.30% at Geojit, 0.1% on buy and sell at Rupeezy.
- Mainboard IPOs: Yes at Geojit, not stated at Rupeezy.
The same at both: account opening, DP charge on selling shares and SME IPOs.
Geojit vs Rupeezy: charges side by side
Differs 4 of 7 charges differ between Geojit and Rupeezy. Same charges are greyed. ₹0 free Not stated not on the broker's pages
| Charge | Geojit | Rupeezy |
|---|---|---|
| Open an account | ||
| Account opening | Nil | ₹0 |
| Demat maintenance (AMC) | Not stated on the pages we checked | Zero AMC for life for accounts opened after 15 Jun 2024 |
| Apply for IPOs | ||
| Mainboard IPOs | Yes | Not stated on the pages we checked |
| SME IPOs | Not stated on the pages we checked | Not stated on the pages we checked |
| Sell your IPO shares | ||
| Equity delivery brokerage | 0.30% | 0.1% on buy and sell |
| DP charge on selling shares | Not stated on the pages we checked | Not stated for market sales (₹25 for off-market transfers) |
| Registration | ||
| SEBI registration | INZ000318938 | INZ000187932 |
For other trading, equity intraday, Futures, Call and trade and Margin trading (MTF) interest differ too. Intraday, futures, call and trade and margin charges are on the Geojit and Rupeezy pages.
Geojit and Rupeezy strengths and things worth checking
Geojit
Strengths
- Full-service support
Worth checking
- Percentage brokerage on delivery
0.30% with no cap: ₹45 on a ₹15,000 sale.
- AMC and DP charge not on the pricing page
Check them before you open an account.
Rupeezy
Strengths
- Zero AMC
- Lower MTF
Worth checking
- Delivery has no cap
0.1% on each side: ₹15 on a ₹15,000 sale, more on bigger ones.
- DP charge on market sales not stated
Check it before you sell IPO shares.
Brokerage calculator: Geojit vs Rupeezy
| Charge | Geojit | Rupeezy |
|---|
Ours, with NSE rates. Change the trade to see what Geojit and Rupeezy would each charge.
Other comparisons
Every comparison with Geojit or Rupeezy, or pick any two brokers.
Frequently asked questions
Which is cheaper for selling IPO shares, Geojit or Rupeezy?
Geojit does not publish its DP charge, so the full cost of selling IPO shares cannot be compared. On brokerage alone, one mainboard lot (₹15,000) costs ₹35.40 less at Rupeezy (our calculation). For two SME lots worth ₹2,50,000: Geojit ₹885.00 brokerage; DP charge not published, Rupeezy ₹295.00 brokerage; DP charge not published (our calculation, brokerage and DP charge with GST).
How much would the difference between Geojit and Rupeezy be over a year?
Not in full, because Geojit does not publish its DP charge. On brokerage alone, 12 mainboard lots of ₹15,000 cost ₹424.80 less at Rupeezy (our calculation).
Can I apply for SME IPOs on Geojit and Rupeezy?
Neither says clearly on its pages that SME IPOs can be applied for.
What is the demat AMC at Geojit and Rupeezy?
Geojit: not stated. Rupeezy: Zero AMC for life for accounts opened after 15 Jun 2024.
What brokerage do Geojit and Rupeezy charge when I sell IPO shares?
Selling allotted shares is a delivery trade. On a ₹15,000 sale the brokerage with GST is ₹53.10 at Geojit and ₹17.70 at Rupeezy (our calculation from their published rates).